Neither of them will ever be money...Platinum can just as easily be used in corroborators and is actually more effective in many designs...that is my main thesis for why the price difference between Palladium being $300 higher is completely unsustainable. Auto makers will just switch to Platinum and save about $100 per car.
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With more cars going electric there will be no more need for mufflers or catalytic converters.
The production of electric cars is at an all time high, but so is the production of gas powered cars and If the government subsidies for electric cars continue to get cut, I don't see less gas powered cars on the horizon anytime soon. The infrastructure needed to get mainstream adoption of electric cars in the US, China or Europe just isn't there and there are still are no serious plans to build them.
Palladium or Platinum is used in catalytic converters allong with Rhodium.
Palladium is what is mixed with yellow gold to create white gold though. So the jewlery industry just has to step up its game if we go full electro